Ltcusdlong
LTCLTC possible slow and steady grind. might stall out in 80 dolla range...
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LTC breaks monthly/yearly downtrendAs you can see on the MACD, LTC has reversed its monthly course and broken out officially. There’s also a golden cross. LTC could lose 10% short term but I think we’ll see the 80s possibly sooner rather than later and then from there who knows? Bull market. Anything can happen...
LTCUSD just broke out if its long term downtrendLTCUSD
Just broke out of its long term downtrend on the weekly TF, great long term long opportunity IMO.
We’ve broken and retested previous resistance
Massive bullish volume
HH & HL’s
And with BTC and ETH pushing up to all time highs, LTC is sure to follow. Multiple take profit levels from a potential 53% to 500% if we get back to where we were in 2018!
I’m now looking for a pullback to hopefully around $51 to get my entry but my do staggered entries between $51-$56 and will hold this until at least the first target of $79 for a potential 30% minimum gain.
LTCUSD: Good opportunity for LongAt D1, the cloud is directing upward, indicating an uptrend. The RSI moved down to the level of 50 and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe. Besides, you can see how the Falling Wedge Pattern is being formed and RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying LTCUSDT at the end of the Falling Wedge Pattern (near the 50% Fibonacci level) and take the profit near the level of 68.
LITECOIN TO $1,000- Litecoin could easily see minimum $1000 in the next 4 years
- The future support will $370-420
- Litecoin will shoot up up any time soon, once it does, it will not see 40s and 50s again for accumlation
- Lowest line once broken, will at least hit the 3rd line from top
- If Litecoin moons today and hits target line, then its $700, but this wont happen today, so it will be +$1000
This is long term and the lines proves, and if you don't believe it you're just delusional and still hating on "ded" coin.
See you later!
LTC/USD Resurgence Original Analysis Date: 8/1/20 8:00AM EST
To be tracked and re-evaluated for time-frame changes as price-action progresses; price targets below:
Weekend (8/1-8/2 UTC close): $63, $56, $63 (2X at resistance)
Week 1 (8/3/20): Move to $70-83
Week 2: break $83 and move to $100 [$83, ~$70, $83 (2X at resistance);
Week 3: Break-out Move to $100/$120; $100-$120 Major Re-evaluation of Above Analysis
Grayscale's pending *LTCN Listing - Let's go!